30 November, 2014 by The TZ Newswire Staff Comments Off on Stocks Have Been More Overvalued Only ONCE in the Last 100 Years
Stocks Have Been More Overvalued Only ONCE in the Last 100 Years
Stocks today are overvalued by any reasonable valuation metric.
If you look at the CAPE (cyclical adjusted price to earnings) the market is registers a reading of 27(anything over 15 is overvalued). We’re now as overvalued as we were in 2007. The only times in history that the market has been more overvalued was during the 1929 bubble and the Tech bubble.
Please note that both occasions were “bubbles” that were followed by massive collapses in stock prices.
30 November, 2014 by The TZ Newswire Staff Comments Off on The Imploding Energy Sector Is Responsible For A Third Of S&P 500 Capex
The Imploding Energy Sector Is Responsible For A Third Of S&P 500 Capex
We have previously discussed the implications that tumbling crude oil prices will have not only on some of the most levered companies with exposure to Brent prices, namely the vast majority of the US energy space with outstanding junk bonds which, as we explained before, should WTI drop to $60, it would “Trigger A Broader HY Market Default Cycle” (based on a Deutsche Bank analysis) leading to pain across the entire credit market (and in the process impairing the
30 November, 2014 by The TZ Newswire Staff Comments Off on Retail Disaster: Holiday Sales Crater by 11%, Online Spend Declines: NRF Blames Shopping Fiasco On "Stronger Economy"
Retail Disaster: Holiday Sales Crater by 11%, Online Spend Declines: NRF Blames Shopping Fiasco On "Stronger Economy"
Last year was bad. This year is an outright disaster.
30 November, 2014 by The TZ Newswire Staff Comments Off on NewsWatch: U.S. stocks may need a December rally to combat year-end headwinds
NewsWatch: U.S. stocks may need a December rally to combat year-end headwinds
U.S. stocks could use a bit of holiday cheer.
30 November, 2014 by The TZ Newswire Staff Comments Off on "Panic Selling" Saudi Stocks Crash Into Bear Market Following OPEC Decision
"Panic Selling" Saudi Stocks Crash Into Bear Market Following OPEC Decision
It’s not just Shale oil stocks in the US that are hurting. Following the OPEC decision to not cut production and squeeze US producers, Saudi Arabia’s major stock market index has tumbled into a bear market, giving up all the year’s gains. As one analyst noted, “investors are afraid if oil stays where it is, it will negatively impact the government revenues, thus creating potential headwinds on government spending.” Dubai stocks – our long-time favorite bubble index – has also been hammered, down over 7% intraday at its worst…
30 November, 2014 by The TZ Newswire Staff Comments Off on Germany’s Schaeuble says ministers to discuss Greek credit line early Dec
Germany’s Schaeuble says ministers to discuss Greek credit line early Dec
Eurozone finance ministers will discuss in early December conditions for providing Greece with credit when its current aid program expires, German Finance Minster Wolfgang Schaeuble said on Sunday. Greece …
30 November, 2014 by The TZ Newswire Staff Comments Off on In fading Japan hinterland, scepticism doubt ‘Abenomics’ will cure ills
In fading Japan hinterland, scepticism doubt ‘Abenomics’ will cure ills
Mihoko Asaka wants to know how candidates in this month’s election in Japan will create jobs and halt the drastic population decline that is bleeding her home region of youth and vitality, but has little …